Dispute resolution and Arbitration

Georgiev, Todorov & Co. has a successful practice in the field of dispute resolution for more than 25 years. Our firm’s extended expertise helps us achieve effective results for our clients in corporate and contract litigation, financial issues, insurance, insolvency, and regulatory matters, etc. Our solid practice gives us the opportunity to use alternative dispute resolution procedures, depending on the specifics of the case.

Our team has a notable experience in conducting arbitration, supervised by the major Bulgarian arbitrary bodies, as well as in ad hoc arbitration.

Our law firm is strongly recognized in all reputable independent international legal directories as one of the best law firms in Bulgaria in the sector. In 2019, once again, Georgiev, Todorov and Co. was ranked by Legal 500and Chambers Europe. as a leading law firm in dispute resolution.

Experience:

Georgiev, Todorov & Co. represents several medical institutions on a number of cases, initiated against the National Health Insurance Fund (NHIF), for payment of medical care provided above the limit set by the NHIF.

Our law firm is acting as co-council to a major international law firm in the investment arbitration of Kornikom ЕOOD before the International Centre for Settlement of Investment Disputes (ICSID). The proceedings are initiated by the Bulgarian investor Kornikom EOOD against the Republic of Serbia, based on the bilateral investment treaty (BIT) between Serbia and Bulgaria and a claim for an unlawful termination of a privatization agreement.

Georgiev, Todorov & Co successfully represented Nef Telecom EOOD against the Privatization and Post Privatization Control Agency in an arbitration initiated by the Privatization Agency before the International Court of Arbitration to the International Chamber of Commerce, which is situated in Paris. The International Court concluded that the claim was one hundred percent unfounded.

Our team also represented Zavod za Stomanobetonovi Konstrukcii i Izdelia EOOD against the claimant Terna S. A., where the other two respondents are Concrete Sleeper Consortium Vossloh-Bulgaria and Vossloh Fastening Systems GMBH. The arbitration procedure was heard before the International Court of Arbitration in Paris and the relevant book of FIDIC rules was applicable to the case.